K.Chandrasekar Rao who has been an influential person in Politics has clearly focused on media in recent times. We reported about how he attracted and deceived journalists. Now if reports are to be trusted, leading Telugu News Channel TV9 has been sold to a well-wisher and a close friend of KCR.
Any guesses ? It is none other than Real-estate baron Rameshwar Rao Jupally. Rameshwar Rao who is the chairman of My Homes Constructions, said to have bought the channel for a 'Hulk' price. The exact details about the price was not revealed to media. However the beneficiary from this is clearly K.Chandrasekar Rao.
TV9 also provides YouTube portal for live nwes 24*7 and they are in more touch with public than other channels. Sources said that the channel management was planning to sell it for a long time and there was a huge competition to grab the channel.
But nothing worked out so far, as no one was ready to take it up for the high price quote. As Rameshwar Rao is minting money in real estate, TV management have happily sealed the deal.
